Archive: August 10, 2008 - August 16, 2008

Bush Names Sandy Baruah Acting SBA Administrator

President Bush named Sandy Baruah acting administrator of the Small Business Administration Friday afternoon. Baruah, who is awaiting Senate confirmation to hold the position of administrator, will begin as acting administrator on Monday. President Bush nominated him June 26. He previously worked at a branch of the Commerce Department. In...

By Sharon McLoone | August 15, 2008; 8:16 PM ET | Comments (0)

What Is a Small Business Anyway?

Small businesses come in many sizes, from one-person, home-based businesses to firms with hundreds of employees and office space. When researchers lump together the performance statistics of a one-person business with a firm that has 500 employees on its payroll, the mixed data can really distort research results. So says...

By Sharon McLoone | August 15, 2008; 9:13 AM ET | Comments (1)

Firms Redirected Contracts Awarded Through SBA Set-Aside Program

Two government contractors designated as small, Alaska-native-owned firms used a Small Business Administration loan program to direct millions of dollars in fees to other companies owned by managers who were not Alaska natives and should not have received the payments. The findings are part of an ongoing review by the...

By Sharon McLoone | August 14, 2008; 10:02 AM ET | Comments (3)

Entrepreneur Finds His Niche At Q-Industries

Tim Neill is a guy who's been around the block a few times, but always called D.C. home. Tim Neill heads D.C.-based tech firm Q-Industries. (Photo courtesy of Neill) Neill is the president and CEO of Q-Industries, a Web site and software development firm. During his eight-year tenure with the...

By Sharon McLoone | August 12, 2008; 2:05 PM ET | Comments (0)

Fortune Small Business Showcases Fastest Growing Public Firms

Fortune Small Business recently released its eighth annual list of the top 100 fastest-growing small public firms across the nation. Astronics, a supplier of aeronautics lighting systems, topped the list. The East Aurora, N.Y.-based firm has 967 employees. The rankings were rounded out by Nortech Systems at No. 100. Nortech,...

By Sharon McLoone | August 11, 2008; 12:58 PM ET | Comments (0)

 

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